30-10-2014 22:52:00 | by: Administrator | hits: 22943163 | Tags:

Hikma Pharmaceuticals enters agreement to acquire assets of GSK’s Egyptian subsidiary
27-01-2021 | 13:50:32
Hikma Pharmaceuticals has entered into a non-binding term sheet with GlaxoSmithKline (GSK) for the purposes of potentially acquiring GSK’s interests in Egypt and Tunisia
First Abu Dhabi Bank acquires 100% stake in Bank Audi Egypt
25-01-2021 | 14:27:00
Bank Audi and First Abu Dhabi Bank (FAB) announced the signing of a definitive agreement for the acquisition by FAB of 100% of the share capital of Bank Audi sae, Bank Audi’s subsidiary in Egypt.
Mubadala Petroleum signs concession agreement for Red Sea Block 4 in Egypt
22-01-2021 | 07:05:00
Egyptian Minister for Petroleum and Mineral Resources Tariq Al-Mulla, signed the concession agreement with Mubadala Petroleum for oil and gas exploration activities in the Red Sea Block 4.
Energean announces NEA/NI concession Final Investment Decision offshore Egypt
21-01-2021 | 13:08:17
Energean announced that Final Investment Decision has been taken on the North El Amriya and North Idku (NEA/NI) concession subsea tieback project in offshore Egypt.
New IFC initiative helps banks in Mexico, Philippines, South Africa and Egypt scale climate finance
21-01-2021 | 06:51:00
Through a new initiative, IFC will work with financial institutions in four countries to mobilize private sector financing for climate mitigation and adaptation projects and help align financial-sector strategies with the targets of the Paris Climate Agreement.
Qatar Airways resumes flights to Cairo, Egypt
20-01-2021 | 13:40:00
Qatar Airways resumed flights to Cairo in the Arab Republic of Egypt with a daily service. QR1301 departed Hamad International Airport to Cairo International Airport at 15:15 local time and landed at its destination at 17:40 local time.
Telecom Egypt and the Ministry of Social Solidarity sign agreement to support social protection programmes
19-01-2021 | 10:27:45
Telecom Egypt and the Ministry of Social Solidarity have signed an agreement to provide telecommunications services to the Ministry and the beneficiaries of social protection programs, namely the "Takaful and Karama" programmes.
Apex International discovers oil in Egypt’s Western Desert
19-01-2021 | 06:27:00
Apex International Energy, which is backed in part by UK energy investment firm Blue Water Energy, announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt.
Siemens Mobility signs MoU to install high-speed rail system in Egypt
18-01-2021 | 09:16:19
The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility signed an MoU to design, install and commission Egypt’s first ever high-speed rail transportation system.
Egypt launches EBRD-UNWTO tourism recovery assistance package
14-01-2021 | 06:40:53
The European Bank for Reconstruction and Development (EBRD) and the United Nations World Tourism Organization (UNWTO), joined forces to support countries that are among the most dependent on tourism for jobs and economic growth.
EFG Hermes concludes first issuance of securitization bonds for 3 companies in Egypt
13-01-2021 | 13:28:19
EFG Hermes, the financial services corporation in Frontier Emerging Markets (FEM), announced the successful closing of the first issuance in an EGP 6.5 billion securitization program for Amer Group, Porto Group, and Qasatli.
Egypt’s life science startup Nawah Scientific raises $1m round for market expansion
13-01-2021 | 06:59:00
Egyptian life science startup Nawah Scientific announced the the closing a second pre-series A round of $1 million in mixed equity and debt capital, raising its total funding to $2 million.
Egyptian telemedicine startup Docspert Health secures funding round for geographical expansion
13-01-2021 | 06:38:00
Docspert Health, a telemedicine startup with operations in the UK and Egypt, announced it has successfully closed Six-Figure USD investment in seed funding from Flat6Labs and a group of angel investors in the UK and USA.
Zenith Energy announces cooperation agreement for new acquisitions in MENA region
11-01-2021 | 08:52:56
Zenith Energy announced it has entered into a cooperation agreement (CA) with Fleet Oil & Gas, a privately owned oil and gas company led by the former Egyptian Petroleum Minister, Eng. Mahmoud Latif Amer.
Arab Investment Bank selects Temenos to drive digital growth, financial inclusion in Egypt
08-01-2021 | 14:09:00
Temenos, the banking software company announced that Arab Investment Bank has selected Temenos to power its digital customer experience.
Ovamba and Singularity Finance launch TradeTech partnership in Egypt
08-01-2021 | 05:06:33
TradeTech innovator, Ovamba Solutions and financial services provider, Singularity Finance have partnered to deliver financial inclusion and growth capital to small and growing businesses in Egypt.
[Egypt] Fintech startup Cassbana raises $1m pre-seed funding from Disruptech Ventures
07-01-2021 | 14:15:24
Egypt-based fintech startup Cassbana has raised $1 million in a pre-seed funding round led by Egyptian fintech-focused venture capitalist fund Disruptech Ventures.
USTDA grants APRC and SOPC to support refinery upgrades in Egypt
07-01-2021 | 07:27:06
The U.S. Trade and Development Agency (USTDA) awarded grants to the Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) for feasibility studies to modernize each company’s refinery.
B Investments sells 20% of its stake in Total Egypt
07-01-2021 | 07:09:00
B Investments announced it has entered into an agreement to sell 20% of its stake in Total Egypt to Total Outre-Mer for a total consideration of approximately EGP 146 million.
United Oil and Gas announces completion of the ASH gas pipeline in Egypt
06-01-2021 | 07:27:02
United Oil & Gas (UOG) announced the completion of the ASH gas pipeline in the Abu Sennan Licence, Egypt, where UOG holds a 22% working interest in the Licence, which is operated by Kuwait Energy Egypt.
EBRD loans $12m to Al Dau Al Haram to support tourism sector in Egypt
06-01-2021 | 07:14:00
The European Bank for Reconstruction and Development (EBRD) is breaking fresh ground with a $12 million loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Regency hotel in Egypt.
EIB, Banque Misr partner to support private businesses and SMEs in Egypt
06-01-2021 | 07:02:00
The European Investment Bank (EIB) is providing Banque Misr with a €425 million credit line to support Egyptian private small and medium-sized enterprises.
Telecom Egypt inks mesh project deal with Google
05-01-2021 | 14:43:00
Telecom Egypt has signed an agreement with Google to provide Google with the first of its kind layer three meshed solution on multiple Telecom Egypt’s redundant and resilient Egypt crossing network infrastructure.
Total enters new operated exploration permit in Egypt
05-01-2021 | 07:04:43
An international consortium led by Total and the Egyptian Natural Gas Holding company (EGAS) signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt.
EIB, Arab Republic of Egypt partner to support urban transport in Alexandria and Cairo
05-01-2021 | 06:44:00
The European Investment Bank (EIB) and the Arab Republic of Egypt signed a €1.128 billion agreement to support investments in the rehabilitation and expansion of metro and tram systems in Alexandria and Cairo.
Mastercard signs partnership with Carticard to spur digital economy and drive financial inclusion in Egypt
04-01-2021 | 06:05:37
Mastercard has announced a partnership with Carticard, egabi FSI’s strategic partner, to offer Carticard customers improved digital payment solutions while incorporating more people into the digital economy.
Eni discovers new oil resources in the Western Desert of Egypt
23-12-2020 | 13:20:03
The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, which is located 1.5 km south of the main Arcadia field already in production.
World Bank, IFC report provides roadmap for stronger private sector-led growth in Egypt
23-12-2020 | 06:46:00
Egypt could unleash economic growth and create more and better jobs by addressing constraints to private sector activity, according to a report published by the World Bank Group.
CEVA Logistics expands African footprint with joint ventures in Egypt and Ethiopia
16-12-2020 | 13:11:53
Global logistics and supply chain company CEVA Logistics continues to expand its presence in the African market with the strengthening of its presence in two countries through two joint ventures.
IFC partners with American Chamber of Commerce to advance female employment in Egypt
16-12-2020 | 07:12:28
IFC signed a partnership agreement with the American Chamber of Commerce in Egypt (AmCham Egypt) to help Egyptian companies create more flexible and inclusive workplaces.
EBRD, TAQA Arabia partner to promote private-to-private renewable energy in Egypt
10-12-2020 | 10:38:00
The European Bank for Reconstruction and Development (EBRD) is promoting the expansion of renewable energy in Egypt by supporting one of the first green private-to-private projects in the country, with an initial $4.2 million loan to TAQA PV for Solar Energy.
[Egypt] TransGlobe Energy to merge and modernize its Eastern Desert concessions
08-12-2020 | 05:12:00
TransGlobe Energy Corporation has announced it has reached an agreement with the Egyptian General Petroleum Corporation, EGPC, to merge the Company’s three existing Eastern Desert concessions.
Africa's smartphone market grows in Q3 2020, feature phone shipments decline, report
03-12-2020 | 07:16:00
Africa's overall mobile phone market shipments declined 6.0% year on year (YoY) in Q3 2020, according to the latest insights from global technology research and consulting firm International Data Corporation (IDC).
Codebase unveils Digibanc SaaS to fast track digital banking adoption in MENA and across Africa
03-12-2020 | 05:48:00
Codebase Technologies, the digital banking solutions provider, announced the launch of its Digital Banking as a Service platform, Digibanc SaaS, to create access for more banks and customers to move into the digital age of banking.
United Oil & Gas to commence drilling at the Abu Sennan concession in Egypt
02-12-2020 | 13:03:00
United Oil & Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, announced the commencement of a drilling programme on the Abu Sennan concession in Egypt.
Eni reaches agreement with partners for restart of the LNG plant in Damietta, Egypt
02-12-2020 | 07:06:00
Eni has signed a series of agreements with the Arab Republic of Egypt, the EGPC, EGAS and the Spanish company Naturgy, which pave the way for the restart of the Damietta liquefaction plant in Egypt by the first quarter of 2021.
TechnipFMC commences work on new hydrocracking complex in Egypt for ANOPC
01-12-2020 | 08:35:04
TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC).
Sarwa Capital closes its inaugural Sukuk issuance of $159.8m in Egypt
30-11-2020 | 06:26:00
Sarwa Capital, Egypt’s consumer and structured financial services provider, has successfully closed its inaugural Sukuk issuance by Sarwa Sukuk Company; a subsidiary of Sarwa Capital, of $159.8 million.
Africa Energy Investment Corporation and Afreximbank reach agreement on deal to boost Africa's oil investments
27-11-2020 | 06:14:22
Egypt Petroleum and Mineral Resources Minister Tarek el Mulla has said that the Africa Energy Investment Corporation (AEICORP) and the African Export-Import Bank (Afreximbank) have reached a preliminary framework agreement that is set to be signed in Cairo.
Grifols, Egyptian government partner to boost plasma-derived medicines self-sufficiency in the Middle East and Africa
25-11-2020 | 08:02:00
Grifols, one of the world’s leading producers of plasma-derived medicines and the Government of Egypt signed a strategic agreement to further develop the Egyptian plasma-derivatives market and promote its self-sufficiency.
Neptune appoints Mohamed Mounes as new Managing Director for Egypt
24-11-2020 | 17:53:13
Neptune Energy announced Mohamed Mounes Shahat will join the company in December to take on the role of Egypt Managing Director, based in Cairo.
JetHQ sets up sales base in Egypt
24-11-2020 | 08:23:26
Aircraft transaction and brokerage company JetHQ has expanded its capabilities to meet the needs of its clients in Egypt by appointing Sherif Abouzeid to head its newly created office.
Eutelsat’s survey confirms 7/8° West neighborhood as predominant broadcast position for Egyptian TV homes
23-11-2020 | 05:49:00
Eutelsat Communications revealed the findings of a new Egyptian television market survey, confirming its 7/8° West hotspot as the most powerful neighborhood for satellite television for the country.
IFC, Agricultural Bank of Egypt partner to promote farmers’ switch to solar irrigation systems
20-11-2020 | 06:55:00
IFC and the Agricultural bank of Egypt (ABE) announced a partnership to help of Egyptian farmers access financing to purchase solar irrigation systems, reducing their reliance on diesel-powered generators and boosting their productivity.
Egypt and South Korea boost cooperation in petrochemicals
19-11-2020 | 06:55:23
Egypt petroleum Minister Tarek el Mulla has discussed with South Korean Ambassador to Egypt Hong Jin-wook the activities of South Korean firms specialized in carrying out oil projects.
Egypt, Nigeria explore cooperation in mining sector
18-11-2020 | 15:14:43
Egypt Petroleum Minister Tarek el Molla recently held a meeting with Nigerian Minister of State for Mines and Steel Development Uchechukwu Ogah to discuss means of boosting bilateral cooperation.
Ibnsina Pharma acquires 75% stake in Egyptian health and beauty products startup 3elagi
18-11-2020 | 09:14:00
Ibnsina Pharma signed an agreement to acquire 75% stake in Egyptian health and beauty products startup 3elagi Tech, a platform that links pharmacies with patients to order medicines and cosmetics online.
TransGlobe releases results, highlights Egypt operations
17-11-2020 | 10:51:02
TransGlobe Energy has announced its highlights of its operational program in Egypt within its financial and operating results for the three and nine months ended September 30, 2020.
Elsewedy Electric signs new EPC contracts with Egyptian Electricity Transmission Company
17-11-2020 | 09:57:14
Elsewedy Electric, wires & cables and Integrated energy solution provider in Middle East and Africa, announced its subsidiary Elsewedy Electric for Trading & Distribution, signed new EPC contracts with the Egyptian Electricity Transmission Company.
DPI, CDC partner to create $750m biopharmaceutical platform to broaden access of vital specialty generic drugs across Africa
16-11-2020 | 13:01:00
Development Partners International (DPI) through its ADP III fund, CDC Group, and the European Bank for Reconstruction and Development have joined forces in a ground-breaking deal to create a major new player in the pan-African pharmaceuticals industry.
[Egypt] Dana Gas delivers resilient operational performance in nine months, records $31m net profit
16-11-2020 | 06:40:00
Dana Gas, the Middle East’s regional private sector natural gas company announced that the Company generated a net profit of $31 million during the first nine months of 2020, excluding one-off non-cash impairments and other income items.
Orange Egypt, Deezer partner to provide music service in Egypt
12-11-2020 | 10:05:01
Orange Egypt, the provider of integrated telecommunications services, announced an exclusive partnership with Deezer, the global audio streaming service.
BP announces two gas production startup in Egypt
11-11-2020 | 07:57:00
Multinational oil and gas company BP announced two gas production startup in Egypt at Qattameya gas field and Atoll-4.
EBRD, EU and partners boost green finance in Egypt
11-11-2020 | 06:19:00
The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the Green Climate Fund (GCF) are boosting green finance on the Egyptian economy and the development of value chains for the private sector.
Amr Mahfouz appointed CEO of Information Technology Industry Development Agency, Egypt
05-11-2020 | 06:34:00
The Egyptian Prime Minister Mostafa Madbouly issued a decree appointing Amr Mohamed Mahfouz Hussein the CEO of the Information Technology Industry Development Agency (ITIDA), for one year.
WhatsApp enlists Egyptian CPaaS global player CEQUENS as WhatsApp Business solution provider
03-11-2020 | 08:10:53
CEQUENS, an Egyptian company by origin and a Communications-Platform-as-a-Service (CPaaS) provider globally, announced a deal with WhatsApp to become a Solution Provider for WhatsApp Business.
dLocal expands payment network in Africa
30-10-2020 | 15:06:00
dLocal, the cross-border payment platform connecting global merchants to emerging markets, has expanded its payments network to include Kenya, Senegal, Ghana, and Cameroon.
Telecom Egypt to build Egypt's largest international data center
30-10-2020 | 08:36:00
Telecom Egypt, Egypt’s integrated telecom operator and subsea cables operators in the region is building Egypt's largest international data center facility.
Panoro Energy Guebiba 10 well successful side-track and production target achieved in Tunisia
27-10-2020 | 09:15:04
Panoro Energy announced that the Guebiba 10 sidetrack well located in the Guebiba oilfield in Tunisia and part of the Thyna Production Services concession has been successfully drilled and completed.
BP starts gas production from Qattameya field, offshore Egypt
27-10-2020 | 08:54:00
bp announced the start of gas production from its latest development ‎offshore Egypt, the Qattameya gas field in the North Damietta offshore concession.
Dana Gas sells onshore Egypt producing assets to IPR Energy
26-10-2020 | 06:28:00
Dana Gas announced it has entered into a binding agreement with IPR Wastani Petroleum, a member of the IPR Energy Group (IPR) for the sale of its onshore Egyptian producing oil and gas assets for a consideration of up to $236 million.
Siemens Energy contributes to Egypt’s energy sector with new service center and training academy
23-10-2020 | 06:19:00
Siemens Energy inaugurated a service center and a training academy in Egypt which combines a repair center, a tooling center and a spare-parts warehouse under one roof.
Egypt's agricultural exports hit $1.6 billion in eight months
22-10-2020 | 06:01:17
Egypt's exports of crops hit 1.67 billion dollars in eight months, Jan-Aug 2020, according to the Ministry of Trade and Industry.
Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
14-10-2020 | 14:17:00
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.
Central Bank of Egypt sets up EgyCash company for money transfer
12-10-2020 | 13:19:19
The Central Bank of Egypt has announced setting up EgyCash company for technological solutions of monetary dealing.
IFC invests in Egyptian private equity fund to support business growth
08-10-2020 | 06:54:07
IFC announced an investment in an Egyptian private equity fund to help improve access to capital for small- and medium-sized companies in the country, supporting their resilience, growth, and ability to create jobs.
United States commits $22.8m to support economic governance, women empowerment in Egypt
08-10-2020 | 06:28:00
The United States, through the USAID and Egypt’s Ministry of International Cooperation signed an agreement to add $22.8 million to the five-year Inclusive Economic Governance bilateral assistance agreement.
RDIF, Pharco agree to supply 25m doses of Sputnik V vaccine to Egypt
07-10-2020 | 13:01:00
The Russian Direct Investment Fund (RDIF) and Pharco, a pharmaceutical group in Egypt have agreed to secure the supply of 25 million doses of the Sputnik V vaccine to Egypt.
Mondia, Jumia launch new gaming service on JumiaPay App for customers in Africa
07-10-2020 | 12:22:00
Mondia, a technology company which specialises in marketing and distribution of digital content and Jumia, Africa’s largest e-commerce platform, launched Jumia Games, a competitively priced entertainment category on the JumiaPay App.
EIB invests $22m in first closing of Lorax Capital Partners Fund II in Egypt
02-10-2020 | 13:42:00
The European Investment Bank (EIB) signed a commitment of $22 million with LCP FUND II COÖPERATIEF U.A., a generalist private equity fund targeting primarily growth capital investments in SMEs and mid-market companies in Egypt.
EBRD invests in Egypt-focused private equity fund
02-10-2020 | 07:23:12
The European Bank for Reconstruction and Development (EBRD) is boosting the resilience of the financial sector in Egypt and supporting equity financing to small and medium-sized businesses by investing up to $50 million in LCP Fund II.
Egypt inks $934m in new gas agreements
01-10-2020 | 09:58:00
Egypt has signed $934 million across eight exploration and research agreements, following a push to attract new entrants to develop its burgeoning gas market.
World Bank supports improvement of air quality, fight against climate change in Greater Cairo, Egypt
01-10-2020 | 07:36:00
The World Bank approved a $200 million project to support Egypt’s initiatives to reduce air and climate pollution from critical sectors and to increase resilience to air pollution in Greater Cairo.
UK businesses explore retail, e-commerce opportunities in Egypt
01-10-2020 | 06:36:00
The UK Department for International Trade (DIT) and Egyptian British Chamber of Commerce (EBCC) organised first retail webinar to explore retail and e-commerce opportunities for British companies in the Egyptian market.
Egypt set to issue first sovereign green bonds in MENA region
30-09-2020 | 07:37:41
In an attempt to diversify its debt portfolio, Egypt Finance Ministry is getting ready to issue the country's first sovereign green bonds in the Middle East and North Africa (MENA) region.
Fitch affirms National Bank of Egypt at B+ stable outlook, VR off Rating Watch Negative
28-09-2020 | 06:52:00
Fitch Ratings has affirmed National Bank of Egypt's (NBE) Long-Term Issuer Default Rating (IDR) at B+ with a Stable Outlook; it has also affirmed NBE's Viability Rating (VR) at b+ and removed it from Rating Watch Negative (RWN).
Orange Egypt, Elsewedy Technical Academy partner for educational scholarships in ICT
25-09-2020 | 07:10:00
Orange Egypt signed a cooperation agreement with Elsewedy Technical Academy to provide students with a set of educational scholarships, integrated educational and training program over a 3-year period.
Egypt to host regional intergovernmental organization on gas producers’ offices
24-09-2020 | 07:28:22
The Egyptian Ministry of Petroleum and Mineral Resources has hosted the signing ceremony of the statute of East Mediterranean Gas Forum (EMGF), establishing it as a regional intergovernmental organization, based in Cairo.
U.S. funding to International Atomic Energy Agency supports cancer treatment in Egypt
24-09-2020 | 06:03:00
The U.S. Department of Energy’s National Nuclear Security Administration (NNSA) is allocating $1 million in funding to the International Atomic Energy Agency (IAEA) to help Egypt enhance radiation therapy for cancer patients.
CTI Clinical Trial and Consulting Services acquires MENA-based Clinart
23-09-2020 | 07:21:00
CTI Clinical Trial and Consulting Services (CTI) has announced the acquisition of Clinart, a full-service CRO with nearly 20 years of experience and strong local expertise in the (MENA) region.
U.S. may halt nearly $130 million of foreign assistance for Ethiopia
21-09-2020 | 07:34:00
The U.S. administration has decided on a plan that entails the suspension of financial assistance for Ethiopia due to the country’s dispute with Egypt and Sudan over the Grand Ethiopian Renaissance Dam project.
Eni, BP make new gas discovery offshore Egypt
17-09-2020 | 16:02:25
Eni and British gas company BP have announced a new gas discovery in the "Great Nooros Area", located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.
EnviroTaqa, Renergon partner for development of biogas projects in Egypt
16-09-2020 | 06:56:00
Egypt's EnviroTaqa for Sustainable Environmental Services & Renewable Energy signed a partnership and alliance contract with Swiss company Renergon International AG, for the development of biogas projects in Egypt.
The U.S., Chipsy for Food Industries renew partnership to improve farmer livelihoods in Egypt
15-09-2020 | 09:21:00
The U.S. government, through the USAID and Chipsy for Food Industries, a PepsiCo Egypt company, renewed a partnership that boosts the productivity of farmers and builds a more transparent and sustainable potato supply chain.
Pure Parima to add new colors to its Egyptian cotton sheet lines
14-09-2020 | 07:33:00
Egyptian luxury bedding supplier Pure Parima, will be adding brand new sheet colors called Spa and Linen to its Yalda and Ariane product lines.
Siemens Energy to power Alexandria’s Bashaer El Khair City in Egypt
10-09-2020 | 08:11:00
In a new move aimed at improving the resilience of Egypt’s power transmission network, Siemens Energy has been selected by the Egyptian Electricity Transmission Company (EETC) to connect Bashaer El Khair City project in Alexandria.
Orange Egypt, Ministry of Education sign partnership to launch a digital platform for e-lessons
04-09-2020 | 12:14:21
Egyptian Ministry of Education and Technical Education has signed a cooperation protocol with Orange Egypt to provide hosting services and provide the cloud infrastructure necessary to operate and manage a digital platform for e-lessons.
AM Best affirms credit ratings of gig Insurance Egypt
03-09-2020 | 07:11:00
Global credit rating agency AM Best has affirmed the Financial Strength Rating of B++, Good, and the Long-Term Issuer Credit Rating of “bbb+” of gig Insurance - Egypt S.A.E.
Egypt Finance Ministry signs first conventional Islamic financing to support public budget
03-09-2020 | 07:04:37
Egypt’s Finance Ministry has signed the first Islamic conventional financing which aims at supporting Egypt's public budget and economy.
EgyptAir and Air Cairo sign codeshare agreement
01-09-2020 | 09:33:55
EgyptAir and Air Cairo have initialised their first step of cooperation through signing a codeshare agreement extending both airlines’ networks to further destinations domestically and beyond Cairo Airport.
Orange Egypt, Misr El Kheir Foundation partner to provide hospitals with FDA approved COVID-19 testing kits
27-08-2020 | 12:33:00
Orange Egypt signed a new cooperation protocol with Misr El Kheir Foundation and Prime Speed Medical to provide hospitals with FDA approved rapid test kits to diagnose COVID-19 infected cases.
Banque Misr signs a protocol to deploy ATMs at subway stations
26-08-2020 | 09:05:30
Banque Misr has signed a cooperation protocol with the Egyptian Company for Metro Management and Operation to deploy ATM machines at all subway stations.
Africa Data Centres and Benya Cables ink fibre optic technology supply deal
21-08-2020 | 06:44:00
Africa Data Centres and Benya Cables have entered into a strategic supply agreement to secure continuous sourcing of critical fiber optic technology and equipment to continue building Africa’s digital future.
Egypt cancels construction of 200 MW solar PV project
21-08-2020 | 06:42:00
The Egyptian Electricity Transmission Company (EETC) has decided to cancel a recently launched tender for the construction of a 200 MW solar PV project in the West Nile region of Egypt.
DeepTech Oil successfully completes intervention project in Egypt
20-08-2020 | 10:17:00
DeepTech Oil Services announced the successful completion of a break through intervention project delivered in the Zohr gas field in the Egyptian sector of the Mediterranean Sea for Eni and the EGPC.
WFP, Ministry of Social Solidarity partner for food assistance to mothers and children in Egypt
19-08-2020 | 07:17:00
In support of Egypt’s Ministry of Social Solidarity, the WFP has started providing financial assistance for mothers registered under the Ministry’s ‘Takaful and Karama’ programme and their children under 2 years to prevent malnutrition.
Siemens Energy signs long-term servicing contract for Egyptian Ethylene and Derivatives Company
18-08-2020 | 13:52:00
Siemens Energy has signed a long-term preventive maintenance contract with the Egyptian Ethylene and Derivatives Company (ETHYDCO), for its industrial complex in Alexandria, Egypt.
Africa records two million phishing attacks in second quarter of 2020, Kaspersky report
18-08-2020 | 09:54:25
Kaspersky analysis has revealed that phishing attacks are becoming increasingly more targeted. A number of new tricks have also been found - from HR dismissal emails to attacks disguised as delivery notifications.
TGS commences Egyptian multi-year geophysical survey
17-08-2020 | 09:54:00
TGS announced it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) multi-client survey together with magnetic and Lidar data in Egypt.
Clarivate launches the Arabic Citation Index in Egypt
17-08-2020 | 08:14:00
Clarivate P, a global provider of information and insights has launched the Arabic Citation Index™ (ARCI), the world's first local language citation index for the Arabic world in Egypt.